Pacific Debt Review

Where does Pacific Debt do business?

Pacific Debt is a debt settlement company based in San Diego, CA. The company was founded in 2002 and offers debt relief services to borrowers in 27 state across the USA.

What does Pacific Debt do?

Pacific Debt offers debt relief services for the following types of debt:

• Unsecured debt, such as credit card debt, personal loans and medical debt

What does Pacific Debt charge?

Pacific Debt operates on a contingency fee basis. Companies operating under a contingency fee model charge fees that are based upon a percentage of the debt at the time the consumer enrolled; occasionally they are based on a percentage of the savings negotiated by the debt-settlement company. Across the industry in general, debt settlement clients typically see a 45% to 60% reduction of their enrolled debt.

Pacific Debt charges fees that range from 15% of the enrolled debt up to 25% of the enrolled debt, depending on the amount of enrolled debt provided.

Debt relief service pricing / costs can vary greatly from one client to another so it's best to speak to Pacific Debt directly to determine an accurate quote.

Does Pacific Debt offer a guarantee?

No, Pacific Debt does not offer a money back guarantee.

What is the minimum debt Pacific Debt will consider?

Does Pacific Debt perform its own servicing in-house?

Yes, Pacific Debt employs its own in-house servicing staff who manage the process and negotiate settlements on behalf of their customers.

What accreditations does Pacific Debt have?

The two main trade associations in the debt relief services space are the American Fair Credit Council (AFCC) and the International Association of Professional Debt Arbitrators (IAPDA).

• Pacific Debt is an accredited AFCC member.
• Pacific Debt is an IAPDA member.